UniSuper is putting more than $56m into Uniseed, marking the superannuation fund’s first major foray into venture capital.

Peter Devine (left) and John Pearce (right) Uniseed, the Australia-based multi-university venture fund, secured a A$75m ($56.2m) commitment from superannuation fund UniSuper yesterday. The investment marks UniSuper’s first major foray into venture capital, chief investment officer John Pearce told the Australian Financial Review. UniSuper hoped that it would turn “into a much more significant investment…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Talking Tech Transfer interview podcast and responsible for the monthly GUV Gazette (sign up here for free).